October 17, 2013
Has Russia Entered a Structural Decline?
Martin Gilman, Moscow Times
The Associated Press
Contrary to earlier expectations, the Russian economy has been a surprising disappointment in terms of growth so far this year. The numbers are by now well-known. Growth has decelerated steadily from 2.9 percent in the third quarter of last year, to 2.1 percent in the fourth quarter, and then to 1.6 percent this year in the first quarter and down to 1.2 percent in the second.
TAGGED: Economy, Russia